AssociateSenior Associate - Transversal Risk Management Global Delivery Center

Position Purpose:

Part of Compliance hub the resource performs periodical testing checks on both the Compliance APAC function and APAC Business lines to ensure the efficacy of APAC Compliance KYC control framework.

Responsibilities:

Direct Responsibilities:

o Work with Client Management conducting period reviews of existing customers to confirm the information on file reconfirm customers ownership structure conduct PEP/negative news and sanctions check to ensure KYC completeness accuracy and quality/readiness.

o Provide advice and interpretation on specific KYC compliance policies procedures and topics considering both the spirit and intent of applicable law.

o Work closely with Country Compliance to ensure KYC reviews are signed off and that any repairs or additional information required is sought in a reasonable timely manner particularly in the context of Client Acceptance Committee (CAC) or Coordinated CAC.

o Collaborate with Country/Regional Compliance covering KYC to help ensure consistency in interpretation and application of existing and new regulatory requirements.

o Able to quickly size KYC compliance issues (e.g. overdue/ageing files) and trouble spots and influence related remediation activities including timely closure of action plans developed in response to adverse audits and regulatory examinations.

o Perform AML/Sanction compliance control testing based on 2nd level Group Compliance Control Plans on the following domains:

Financial Sanctions

Anti Money Laundering / CFT

Market Integrity

Protection of Client Interests

Professional Ethics

Fiscal laws and Banking Regulations

o Escalate issues and exceptions items noted during the controls

o Ensure close collaboration with the Domain Leads in the TRM team who are responsible for the definition of the control methodology and accountable for the adequate execution of the controls.

o Communicate with Local and regional Compliance teams as required for the execution of the controls and the presentation of the results

o Track status of corrective action plans agreed with Country Compliance

o Maintain detailed and organised documentation of work products

o Coordinate with other professionals in the organisation including other Compliance teams as necessary

o Assist in special projects as needed including but not limited to project planning and project management particularly on the centralised KYC repository tool front. Support management with regulatory exams and Inspection Generale as needed.

Contributing Responsibilities

o Comply with procedure and other relevant policies/ procedures of company and regulations and industry best practice

o Collaborate and work in tandem with team members and relevant stakeholders

o Be supportive and adoptive to changes of procedures and scope of work

o Meet the QA requirements and the expected daily alert closure volume

Technical & Behavioral Competencies:

o Extensive AML/Sanction/KYC experience including subject matter expertise on all these profiles regardless of entity type and risk level. Must be well versed in these entity types potential risk factors and how these plays into the AML/KYC requirements that must be fulfilled for each entity.

o Preferably at least 5 years of working Audit experience with 3 years of AML/Sanction/KYC Compliance experience. Candidates with less experience may be considered for Regional KYC Analyst position.

o Formal training or qualification in AML/Sanction/KYC would be beneficial.

o Sound understanding of AML/Sanction/KYC principals and be well versed in Asia Pacific EU landscapes.

o Able to move to and from different clients (and therefore different requirement scenarios) reports and projects throughout the day which requires a high degree of flexibility and strong prioritization skills.

o Must have strong interpersonal skills a flexible collaborative and teamoriented approach to problemsolving and an ability to work in a fastpaced rapidly changing environment and preferably with some experience of dealing in multiple countries in Asia Pacific.

o Have extensive research skills to aid in establishing and/or validating required information and documentation.

o Ability to work in a team as well as independently

o Good communication skills and eager to learn

o An ability to write concisely and clearly; and to produce clear constructive advice under pressure and within short timeframes.

o Must be proficient with Microsoft Excel and other Microsoft Office.

Specific Qualifications (if required)

o ICA or ACAMS equivalent Certifications is preferred.

o Bachelors degree or higher from an accredited institution

o Audit experience or qualifications in finance or accounting.

Compliance Management,Compliance Procedures,Compliance Policies,KYC,PEP,Negative News,Sanction Checks